Pre Market FEB 6, 2025

Stocks are stable here in the Pre today

Ohh and AMZN reports after the bell today, not yesterday, all of that extra wood cutting this week had my days off….

There’s a saying in the markets, it’s a “Good Practice” kind of thing
It’s called “Keeping Dry Powder”
What it’s for is to allow an investor to have money available when the investor believes the timing is right to go bigger on a position. You can stay 20% or what whatever percent you chose in cash, then use that and be all in, or put part in, however you want, it’s your money… Some investors say well I’ll sell XYZ then pay for ZYX…. You can do that to, that’s called “Raising Capital” we do that when stocks turn south to protect profits

Either way, when the market, or your position, is getting ready to go, you want to be ready to go

WMT has been a BIGGGGGG Winner for us here at theoptionscoach.net 
I’m willing to bet that I have heard more about it from Options traders than any other stock as of late, I’m being serious, even more than the tech stocks.. Not just a couple, or a few, but several, heck dozen or more have written to me about WMT #YourWelcome 😃 
The Options prices are still incredible, the challenge is becoming the chart
It’s up at the top of the long term channel
Earnings are this month on the 20th
Right now it’s up +0.45% in the Pre

NVDA is up also by over 1.5% now
If tech takes off again will stocks like WMT retreat?
NVDA is a buy again as it’s recovering from it’s deep route
WMT is still a buy here as the Options prices are favorable


WMT
MAR 21, 2025
Blind Calls
105’s are 2.86 at the MID
APR 17, 2025 in case WMT misses and you want extra protection this is longer dated
105’s are 3.78 at the MID
We’re “Swinging for the fences” here
NO down side protection, right now it looks that we are fine there
Later today I’ll list the Bull Call Spreads for those wanting built in insurance

NVDA
Blind Calls are getting bought up left and right here,
MAR 21, 2025
130’ are 8.97 at the MID
Bull Call Spread
MAR 21, 2025
128 / 134 are 2.34 at the MID
That’s a custom spread and you would have to customize it in your Options Chain with your platform. Higher end platforms allow you that availability
The reason I made it like that is for the best possible profit while still having downside protection

S+P 500 Support is at 6,059 😁 
Time to grind

The Options Coach